Escape games booking servicepowered by blockchain technology100% true client reviewsSecure marketplace based on smart contractsInnovative VR platformfor next generation of escape games

About the project

THE ESCAPE TOKEN PROJECT IS A PROMISING PLATFORM UNITING THE COMMUNITY OF ESCAPE GAMES ENTHUSIASTS AND VR ENTERTAINMENT ON THE BASIS OF THE BLOCKCHAIN TECHNOLOGIES.

On the 23rd of February at 23:00 GMT the Pre-ICO of Escape Token project was finished. During the token presale we offered the 20% bonus to every purchase. We haven’t reached the Hard Cap of the project. However, now we have decided to cancel the launching of the main stage of the ICO and returned all investments in full.

To be used if the White Paper and other documents will be available
in multiple languages:

FOR THE CONVENIENCE OFOUR USERS, THE WHITE PAPER, WEBSITE ANDOTHER RELATEDDOCUMENTS ARE AVAILABLE INANUMBER OFLANGUAGES. INTHE EVENT THERE ISANY CONFLICT BETWEEN THE ENGLISH LANGUAGE VERSION ANDA FOREIGN LANGUAGE VERSION, THE ENGLISH LANGUAGE VERSION SHALLGOVERN.

RISK FACTORS

RISKS RELATING TO PARTICIPATION IN THE TOKEN GENERATION
EVENT

There is no prior market for Escape Tokens and the TGE may not result in an active
or liquid market for the Escape Tokens

Prior to the TGE, there has been no public market for the Escape Tokens. Although
the Company will use reasonable endeavors to seek the approval for availability of the
Escape Tokens for trading on a cryptocurrency exchange, there is no assurance
that such approval will be obtained. Furthermore, even if such approval is granted
by a cryptocurrency exchange, there is no assurance that an active
or liquid trading market for the Escape Tokens will develop or if developed,
be sustained after the Escape Tokens have been made available for trading on such
cryptocurrency exchange. There is also no assurance that the market price of the
Escape Tokens will not decline below the original purchase price (the “Purchase Price”). The
Purchase Price may not be indicative of the market price of the Escape Tokens
after they have been made available for trading on a cryptocurrency exchange.

A Escape Token is not a currency issued by any central bank or national,
supra-national or quasi-national organization, nor is it backed by any
hard assets or other credit. The Company is not responsible for nor does it pursue
the circulation and trading of Escape Tokens on the market. Trading of Escape
Tokens will merely depend on the consensus on its value between the relevant
market participants, and no one is obliged to purchase any Escape Token from
any holder of the Escape Token, including the purchasers, not does anyone guarantee the
liquidity or market price of Escape Tokens to any extent at any
time.

Furthermore, Escape Tokens may not be resold to purchasers who are citizens or permanent
residents of Chine, the United States of America (including its territories and
possessions), or any other jurisdiction where the purchase of Escape Tokens may be in violation
of applicable laws. Accordingly, the Company cannot ensure that there will be any
demand or market for Escape Tokens, or that the Purchase Price is indicative
of the market price of Escape Tokens after they have been made available for
trading on a cryptocurrency exchange.

Future sales or issuance of the Escape Tokens could materially and
adversely affect the market price of Escape Tokens

Any future sale or issuance of the Escape Tokens would increase the supply of Escape
Tokens in the market and this may result in a downward price pressure on the
Escape Token. The sale or distribution of a significant number of Escape
Tokens outside of the TGE (including but not limited to the sales of Escape
Tokens undertaken after the completion of the initial crowdsale, issuance of Escape
Tokens to persons other than purchasers for purposes of community and employee
initiatives, affiliate (or bounty) program development, academic research, education
and market expansion and issuance of Escape Tokens as a reward to employees
and/or users of the Escape platform), or the mere perception that such further
sales or issuance may occur, could adversely affect the trading price of the
Escape Tokens.

Negative publicity may materially and adversely affect the price of the Escape
Tokens

Negative publicity involving the Company, the Escape platform, the Escape Tokens or any
of the key personnel of the Company, may materially and adversely affect the
market perception or market price of the Escape Tokens, whether or not it is justified.

We may not be able to pay any anticipated rewards, in any form,
in the future

There is no assurance that there will be any transaction volume such that you
will receive any rewards anticipated to be distributed to active users of the
Escape platform. Further, even in the event there is substantial transaction
volume and interactions among the users and the Escape platform, there is no assurance
you personally will receive any part of the rewards. This is because the ability
of the Company to pay any reward to you will depend on the future
results of operations and the future business and financial condition of the
Company and there is no assurance of the future results of operations
and the future business and financial condition of the Company.

There is no assurance of any success of Escape Platform or any
Future Business Line

The value of, and demand for, the Escape Tokens hinges heavily on the performance
of the Escape platform. There is no assurance that the Escape platform will
gain traction after its launch and achieve any commercial success. Although the Company has
performed some testing, including QA-testing of the Escape platform with relatively
positive results, the Escape platform has not been fully developed and finalized and is subject
to further changes, updates and adjustments prior to its launch. Such changes may
result in unexpected and unforeseen effects on its projected appeal to users,
possibly due to the failure to meet users’ preconceived expectations based on the
beta version, and hence impact its success. Limited usage of the Escape platform and
potential lack of trust for its crowdsourced predictive accuracy would impact the
public demand for the Escape Tokens and correspondingly the trading price of the Escape
Tokens.

While the Company has made every effort to provide a realistic estimate, there is also
no assurance that the cryptocurrencies raised in the TGE will be sufficient
for the development of the Escape platform. For the foregoing or any other reason,
the development of the Escape platform and its launch may not be completed and
there is no assurance that it will be launched at all. As such,
distributed Escape Tokens may hold little worth or value, and this would impact its
trading price.

The trading price of the Escape Tokens may fluctuate following the Token
Generation Event

The prices of cryptographic tokens in general tend to be relatively
volatile, and can fluctuate significantly over short periods of time. The demand for,
and corresponding the market price of, the Escape Tokens may fluctuate significantly
and rapidly in response to, among others, the following factors, some of which
are beyond the control of the Company:

(a) new technical innovations;

(b) analysts’ speculations, recommendations, perceptions or estimates of the Escape
Token’s market price or the Company’s financial and business performance;

(c) changes in market valuations and token prices of entities with businesses
similar to that of the Company that may be listed on the same
cryptocurrency exchanges as the Escape Tokens;

(d) announcements by the Company of significant events, for example partnerships,
sponsorships, new product developments;

(e) fluctuations in market prices and trading volume of cryptocurrencies on cryptocurrency
exchanges;

(f) additions or departures of key personnel of the Company;

(h) success or failure of the Company’s management in implementing business,
development and growth strategies;

(i) changes in conditions affecting the blockchain or sport technology industry,
the general economic conditions or market sentiments, or other events or factors.

The funds raised in the Token Generation Event are exposed to risks of theft

The Company will make every effort to ensure that the funds received will be securely
held through the implementation of security measures. Notwithstanding such security
measures, there is no assurance that there will be no theft of the
cryptocurrencies as a result of hacks, sophisticated cyber-attacks,
distributed denials of service or errors, vulnerabilities or defects on the
TGE website, in the smart contract(s), if used. Such events may include, for
example, flaws in programming or source code leading to exploitation or abuse
thereof. In such event, even if the TGE is completed, the Company may not be able
to receive the cryptocurrencies raised and may not be able to use such funds
for the development of the Escape platform and/or for launching the Escape platform,
including but not limited to the structuring and through developing of the Escape
platform. In such case, the launch of the Escape platform might be temporarily
or permanently curtailed. As such, distributed Escape Tokens may hold little worth
or value, and this would impact its trading price.

RISKS RELATING TO THE ESCAPE PROJECT.

The Escape platform is developed, operated and maintained by the Escape Foundation.
Any events or circumstances which adversely affect the Escape Foundation or any of its
successor operating entities (collectively referred to herein as “Escape”) may
have a corresponding adverse effect on the Escape platform. Such adverse effects
would correspondingly have an impact on the utility, liquidity, and the trading
price of the Escape Tokens.

Escape may be materially and adversely affected if it fails to effectively
manage its operations as its business develops and evolves, which would have a direct
impact on its ability to maintain the Escape platform. The technology and
cryptocurrency industries, and the markets in which Escape competes have grown rapidly
over the past four years and continue to evolve in response to new
technological advances, changing business models and other factors. As a result of this
constantly changing environment, Escape may face operational difficulties in adjusting
to the changes, and the sustainability of Escape will depend on its ability
to manage its operations and ensure that it hires qualified and competent
employees, and provides proper training for its personnel. As its business evolves,
Escape must also expand and adapt its operational infrastructure. Escape’s business relies
on its blockchain-based software systems, cryptocurrency wallets or other related
token storage mechanisms, blockchain technology and smart contract technology, if used,
and on machine learning and artificial intelligence platforms. All of these
systems and tools represent complex, costly, and rapidly changing technical infrastructure.
In order to demonstrate continued ability to effectively manage technical
support infrastructure for the Escape platform, Escape will need to continue to upgrade
and improve its data systems and other operational systems, procedures and controls. These
upgrades and improvements will require a dedication of resources, are likely to be complex
and increasingly rely on hosted computer services from third parties that Escape does
not control. If Escape is unable to adapt its systems and organization in a timely,
efficient and cost-effective manner to accommodate changing circumstances, its
business, financial condition and results of operations may be adversely affected.
If the third parties whom Escape relies on are subject to a security
breach or otherwise suffer disruptions that impact the services Escape uses, the
integrity and availability of its internal information could be compromised, which
may consequently cause the loss of confidential or proprietary information, and
economic loss. The loss of financial, labor or other resources, and any other
adverse effect on Escape’s business, financial condition and operations, would have a direct
adverse effect on Escape’s ability to maintain the Escape platform. Any adverse
effects affecting Escape’s business or technology are likely to also adversely
impact the utility, liquidity, and trading price of the Escape Tokens.

Escape may experience system failures, unplanned interruptions in its network or services,
hardware or software defects, security breaches or other causes that could
adversely affect Escape’s infrastructure network, and/or the Escape platform

Escape is not able to anticipate when there would be occurrences of hacks,
cyber- attacks, distributed denials of service or errors, vulnerabilities or defects
in the Escape platform, in the smart contracts, if used, or on the
Ethereum or any other blockchain technology. Such events may include, for example,
flaws in programming or source code leading to exploitation or abuse
thereof. Escape may not be able to detect such hacks, cyber-attacks, distributed
denials of service errors vulnerabilities or defects in a timely manner,
and may not have sufficient resources to efficiently cope with multiple service
incidents happening simultaneously or in rapid succession.

Escape’s network or services, which would include the Escape platform, could be disrupted
by numerous events, including natural disasters, equipment breakdown, network
connectivity downtime, power losses, or even intentional disruptions of its
services, such as disruptions caused by software viruses or attacks by unauthorized
users, some of which are beyond Escape’s control. Although Escape has taken steps
against malicious attacks on its platform or its infrastructure, which are
critical for the maintenance of the Escape platform, there can be no assurance
that cyber-attacks, such as distributed denials of service, will not be attempted
in the future, that Company’s enhanced security measures will be effective. Escape
may be prone to attacks on its infrastructure intended to steal
information about its technology, financial data or user information or take other
actions that would be damaging to the Company and/or holders of the Escape
Tokens. Any significant breach of the Company’s security measures or other
disruptions resulting in a compromise of the usability, stability and
security of the Escape platform may adversely affect the utility, liquidity and/or
trading price of the Escape Tokens.

We are dependent in part on the location and data center facilities of third
parties

Escape current infrastructure network is in part established through servers which
it owns and houses at the location facilities of third parties, and servers
that it rents at data center facilities of third parties. If the Company
is unable to renew its data facility lease on commercially reasonable terms
or at all, Escape may be required to transfer its servers to a new
data center facility, and may incur significant costs and possible service interruption in connection
with the relocation. These facilities are also vulnerable to damage or interruption
from, among others, natural disasters, arson, terrorist attacks, power losses, and
telecommunication failures. Additionally, the third party providers of such facilities
may suffer a breach of security as a result of third party action,
employee error, malfeasance or otherwise, and a third party may obtain
unauthorized access to the data in such servers. As techniques used to obtain
unauthorized access to, or to sabotage systems change frequently and
generally are not recognized until launched against a target, Escape and the providers
of such facilities may be unable to anticipate these techniques or to implement
adequate preventive measures. Any such security breaches or damages which occur which
impact upon the Company’s infrastructure network and/or the Escape platform may adversely
impact the utility, liquidity, and/or trading price of the Escape Tokens.

The Company or the Escape Tokens may be affected by newly implemented
regulations

The blockchain industry as a whole has seen numerous regulatory authorities across
jurisdictions taking action, speaking out, and implementing regulatory regimes which govern
blockchain or blockchain markets. The Company or the Escape Tokens may be affected
by newly implemented regulations relating to the blockchain industry, including
having to take measures to comply with such regulations, or having to deal
with queries, notices, requests or enforcement actions by regulatory authorities,
which may come at a substantial cost and may also require substantial
modifications to the Escape platform. This may impact the appeal of the Escape
platform for users and result in decreased usage of the Escape platform and the
Escape Tokens. Further, should the costs (financial or otherwise) of complying
with such newly implemented regulations exceed a certain threshold, maintaining the
Escape platform may no longer be commercially viable and the Company may opt to discontinue
the Escape platform and/or the Escape Tokens. Further, it is difficult to predict
how or whether governments or regulatory authorities may implement any changes to laws
and regulations affecting distributed ledger technology and its applications, including the
Escape platform and the Escape Tokens. Escape may also have to cease operations in a jurisdiction
that makes it illegal to operate in such jurisdiction, or make it commercially
unviable or undesirable to obtain the necessary regulatory approval(s) or license(s)
to operate in such jurisdiction.